IPO News
UPDATE 1-Wavecom board says Gemalto offer inadequate
Stock Buzz ) hostile offer for the wireless technology group and re-iterated its confidence in its own management. "The board of directors of Wavecom has reached the conclusion that Gemalto's hosti...
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Lone Star taps Credit Suisse to handle KEB-sources
Stock Buzz ) last month dropped a $6.3 billion offer for the 51 percent stake in KEB, blaming turmoil in financial markets. HSBC agreed a year ago to buy Lone Star's majority stake but the deal was...
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A Make-or-Break Holiday Season
Each day of financial tumult is bringing more pressure to bear on the nation's retailers -- and time is growing short. Yesterday, as the clock ticked ominously down to the critical holiday season, department stores and clothing retailers reported a sharp
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France plans rescue mechanism amid merger talks
France's prime minister announced plans Wednesday for the government to keep troubled banks out of bankruptcy, even as two French banks were in discussions about combining to create one of the nation'...
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Huawei says it halts sale of handset unit stake
HONG KONG, Oct 9 (Reuters) - Huawei Technologies [HWT.UL], China's largest mobile equipment maker, said late on Wednesday it had halted the sale of a stake in its mobile handset business, citing ma...
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Gold slips after rally, ETF holdings hit record
SINGAPORE, Oct 9 (Reuters) - Gold eased on Thursday as investors booked profits from a rally the previous day, while holdings in the world's largest gold-backed exchange-traded fund hit another rec...
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MetLife prices public offering at $26.50 per share
All Associated Press news NEW YORK (AP) - Life insurance company MetLife Inc. said Wednesday evening that it expects a public offering of 75 million shares to yield about $2 billion in capital for the...
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Sheriff: No foreclosure evictions on my watch
Sheriff Thomas J. Dart said Wednesday he is suspending foreclosure evictions in Cook County, which had been on track to reach a record number of evictions, many because of mortgage foreclosures. He said many of the evictions involve renters who are
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Court blocks release of 17 Chinese Guantanamo detainees
A federal appeals court Wednesday blocked the planned release of 17 Chinese Muslims from the U.S. military facility at Guantanamo Bay, Cuba, granting the government more time to argue against the plan. A three-judge panel of the U.S. Court of Appeals
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Illinois sheriff: No evictions on my watch
Sheriff Thomas J. Dart said Wednesday he is suspending foreclosure evictions in Cook County, which had been on track to reach a record number of evictions, many because of mortgage foreclosures. He said many of the evictions involve renters who are
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Treasury chief urges patience
Treasury Secretary Henry Paulson said Wednesday that financial markets continue to be 'strained' but he urged 'patience' and said the federal government will use all tools necessary to ensure stability in the financial system. 'We will coordinate the
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  • EU criticises Russia over entry visa red tape

    MOSCOW, April 8 (Reuters) - Russian immigration red tape is so cumbersome many Europeans are leaving rather than trying to comply, European Union embassies have told the government in the latest ro...

  • Peru police, indigenous group clash at Pluspetrol

    LIMA, March 22 (Reuters) - One police officer was killed and five others wounded in a clash with indigenous workers who took over a plant of the Argentine energy company Pluspetrol in Peru's Amazon...